Welcome!

News Feed Item

Manpower Employment Outlook Survey Reports Stable U.S. Hiring Plans for Quarter 2 2014

Number of Employers Anticipating Workforce Reductions Sinks to Historic Survey Low

MILWAUKEE, March 11, 2014 /PRNewswire/ -- The latest Manpower Employment Outlook Survey, released today by ManpowerGroup, reaffirms continued hiring confidence in the second quarter of 2014, as U.S. employers report a seasonally adjusted Net Employment Outlook of +13%. This is the third consecutive quarter with a Net Employment Outlook of +13%, which is the strongest Outlook since Quarter 2 2008 when the Outlook was +14%. The Quarter 2 Outlook is slightly stronger than one year ago when the Outlook was +11%.

ManpowerGroup Logo.

Of the more than 18,000 employers surveyed, 19 percent anticipate an increase in staff levels in their Quarter 2 2014 hiring plans, while anticipated staff reductions are among the lowest in survey history at 4 percent. Seventy-three percent of employers expect no change in their hiring plans. The final 4 percent of employers are undecided about their hiring intentions, resulting in a Net Employment Outlook of +15%. When seasonally adjusted, the Net Employment Outlook becomes +13%.

U.S. Manpower Employment Outlook Survey Results

Quarter

Increase Staff Levels

Decrease Staff Levels

Maintain Staff Levels

Don't Know

Net Employment Outlook

(deseasonalized)

Q2 2014

(current)

19%

4%

73%

4%

13%

Q1 2014

(previous quarter)

17%

7%

73%

3%

13%

Q2 2013

(one year ago)

18%

5%

73%

4%

11%

"Although we expect measured, stable growth in new hiring for the coming quarter, the good news is that employers anticipate the lowest rate of workforce reductions in nearly four decades," said ManpowerGroup President Jonas Prising. "With ninety-two percent of U.S. employers planning to hire or keep their staff levels steady, there is a sense of optimism that demand for goods and services is getting more predictable, allowing employers to feel more comfortable about business growth."

This quarter's research shows that employers expect hiring intentions to remain relatively stable quarter-over-quarter across all regions, and slightly increase compared to one year ago at this time.

"To keep the momentum going, employers need to rethink their talent strategies so they can make the most of continued demand when they feel it," said Prising. "Flexible workforce models that incorporate a mix of full-time and contract staff are essential to getting ahead in today's uncertain economic cycles. By remaining agile, business leaders can create adaptive workforces that leverage advanced technology and specialized teams to drive strong results."

While the Quarter 2 Outlooks remain relatively stable across all regions, the states and Metropolitan Statistical Areas (MSAs) indicate some variance in hiring intentions. Among the 50 states, employers in North Dakota indicate the strongest Net Employment Outlook at +25%. Employers in Puerto Rico expect staff reductions to outweigh additions with an Outlook of -4%.Employers in all 100 MSAs surveyed report positive hiring plans, with Provo, Utah, the most positive at +29%. Employers in Honolulu, Hawaii, report the weakest Outlook at +6%.

Hiring Outlooks for Industry Sectors and Regions

New in 2014, the survey results include deseasonalized data at the industry level, which aligns with the methodology used to tabulate and present the national and regional data. Therefore, the numbers presented below are deseasonalized across all industries.

For Quarter 2 2014, employers have a positive Outlook in all 13 industry sectors included in the survey: Leisure & Hospitality (+20%), Wholesale & Retail Trade (+19%), Mining (+18%), Professional & Business Services (+14%), Transportation & Utilities (+12%), Information (+12%), Durable Goods Manufacturing (+11%), Government (+10%), Construction (+9%), Financial Activities (+8%), Education & Health Services (+8%), Other Services (+7%) and Nondurable Goods Manufacturing (+6%). When the industry sector data is compared quarter-over-quarter, employers in the Mining sector anticipate a moderate hiring increase, while employers in the Government sector anticipate a slight hiring increase. Staff levels are expected to remain relatively stable among employers in seven industry sectors: Construction, Durable Goods Manufacturing, Transportation & Utilities, Wholesale & Retail Trade, Information, Education & Health Services and Other Services. Employers in the Financial Activities, Professional & Business Services and Leisure & Hospitality sectors anticipate a slight decrease in the hiring pace, while Nondurable Goods Manufacturers expect a moderate hiring decrease.

Employers in all four U.S. regions surveyed report a positive Net Employment Outlook. Quarter-over-quarter, plans to add workers remain consistent among employers in all regions. Compared to one year ago at this time, employers in the Midwest and Northeast regions expect a relatively stable hiring environment, while employers in the South and West regions expect a slight uptick in hiring for Quarter 2 2014.

As a supplement to the Quarter 2 2014 survey results, an infographic is available for download at http://press.manpower.com/. "Where Are the Jobs?" offers a snapshot of data and trends from the survey, including key metro area and state Outlooks along with an industry forecast.

The next Manpower Employment Outlook Survey will be released on June 10, 2014, to report hiring expectations for Quarter 3 2014. To receive e-mail notification when the survey is available each quarter, visit http://press.manpower.com/signup.

*The Net Employment Outlook is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity.

About the Survey

ManpowerGroup's quarterly Manpower Employment Outlook Survey measures employers' intentions to increase or decrease the number of employees in their workforce during the next quarter. It is the only forward-looking survey of its kind, unparalleled in size, scope, longevity and area of focus.

The Manpower Employment Outlook Survey is conducted using a validated methodology in accordance with the highest standards in market research. In the U.S., the survey is conducted by an independent, third party research firm and includes a select sample of more than 18,000 U.S. employers. This sample represents the top 100 Metropolitan Statistical Areas based on business establishment count and all 50 states, the District of Columbia and Puerto Rico. The mix of industries within the survey follows the North American Industry Classification System (NAICS) Supersectors and is structured to be representative of the U.S. economy. With this number of interviews, the overall U.S. survey carries a margin of error of +/-0.61%, with a 90% confidence index.

The complete results from the U.S. national Manpower Employment Outlook Survey are available for download at press.manpower.com, where you will also find the survey results for the 100 Metropolitan Statistical Areas surveyed, 50 states, the District of Columbia and Puerto Rico.

About ManpowerGroup – United States

ManpowerGroup (NYSE: MAN) is an innovative workforce solutions company specializing in temporary and permanent recruitment, career management, outsourcing and HR consulting. Founded in 1948, Milwaukee-based ManpowerGroup is a $20 billion company with offices in more than 80 countries and territories around the world.  Each day, ManpowerGroup connects more than 630,000 people to meaningful work through its relationships with 400,000 clients worldwide. In the United States, ManpowerGroup operates more than 500 offices through its family of companies, including Manpower®, Experis, ManpowerGroup Solutions and Right Management®. To learn more, visit www.manpowergroup.us and press.manpower.com.

© ManpowerGroup 2014 All rights reserved.

Logo - http://photos.prnewswire.com/prnh/20120607/AQ20399LOGO-c

SOURCE ManpowerGroup

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
"This is specifically designed to accommodate some of the needs for high availability and failover in a network managed system for the major Korean corporations," stated Thomas Masters, Managing Director at InfranicsUSA, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Infrastructure is widely available, but who’s managing inbound/outbound traffic? Data is created, stored, and managed online – who is protecting it and how? In his session at 19th Cloud Expo, Jaeson Yoo, SVP of Business Development at Penta Security Systems Inc., discussed how to keep any and all infrastructure clean, safe, and efficient by monitoring and filtering all malicious HTTP/HTTPS traffic at the OSI Layer 7. Stop attacks and web intruders before they can enter your network.
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
Regulatory requirements exist to promote the controlled sharing of information, while protecting the privacy and/or security of the information. Regulations for each type of information have their own set of rules, policies, and guidelines. Cloud Service Providers (CSP) are faced with increasing demand for services at decreasing prices. Demonstrating and maintaining compliance with regulations is a nontrivial task and doing so against numerous sets of regulatory requirements can be daunting task...
Get deep visibility into the performance of your databases and expert advice for performance optimization and tuning. You can't get application performance without database performance. Give everyone on the team a comprehensive view of how every aspect of the system affects performance across SQL database operations, host server and OS, virtualization resources and storage I/O. Quickly find bottlenecks and troubleshoot complex problems.
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Exp...
"We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, provided an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data professionals...
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2017 New York The 7th Internet of @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, New York. Chris Matthieu is the co-founder and CTO of Octoblu, a revolutionary real-time IoT platform recently acquired by Citrix. Octoblu connects things, systems, people and clouds to a global mesh network allowing users to automate and control design flo...
You are moving to the Cloud. The question is not if, it’s when. Now that your competitors are in the cloud and lapping you, your “when” better hurry up and get here. But saying and doing are two different things. In his session at @DevOpsSummit at 18th Cloud Expo, Robert Reeves, CTO of Datical, explained how DevOps can be your onramp to the cloud. By adopting simple, platform independent DevOps strategies, you can accelerate your move to the cloud. Spoiler Alert: He also makes sure you don’t...
President Obama recently announced the launch of a new national awareness campaign to "encourage more Americans to move beyond passwords – adding an extra layer of security like a fingerprint or codes sent to your cellphone." The shift from single passwords to multi-factor authentication couldn’t be timelier or more strategic. This session will focus on why passwords alone are no longer effective, and why the time to act is now. In his session at 19th Cloud Expo, Chris Webber, security strateg...
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.